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The economy of Cyprus is expected to experience a slowdown, with growth projected to reach approximately 2.5 per cent in 2023, according to a report released by the International Monetary Fund (IMF).
Deputy Minister of Tourism of Cyprus, Costas Koumis, and Vice Minister of Culture and Tourism of China, Li Qun exchanged on Monday ideas, views and suggestions in a bid to further strengthen the cooperation between the two countries in the tourism sector.
In line with the upward trend in global central bank interest rates driven by high inflation, domestic bond yields issued by the Republic of Cyprus have continued their upward trajectory.
The economic cooperation between Cyprus and the UAE currently focuses on many major goods, but the possibilities are significant and wide-ranging, rendering the UAE a strategic partner for Cyprus and vice-versa, says Yiannis Sophianos.